Highlights :
- The global lithium-based battery industry is projected to reach a total addressable market (TAM) of USD 300 Billion by 2035.
Maxvolt Energy Secures USD 1.5 Mn From Angel Investors
Maxvolt Energy Industries, a Noida-based lithium battery manufacturer, and battery pack supplier for electric vehicles, energy storage systems, and medical devices raised 1.5 million USD in funding from multiple angel investors. This capital infusion will support Maxvolt Energy’s plans to advance sustainable energy solutions and strengthen its market position by introducing fast-charging lithium-ion batteries soon.
Maxvolt aims to develop lithium battery architectures for various sectors, including electric bikes, scooters, and solar energy systems, while adhering to global compliance and technological advancements.
Satendra Shukla, Chief Business Officer of Maxvolt Energy, shared his plans for the funding round, stating, “This…
